do bovada and betonline do kyc aml on bitcoin withdrawals?

Discussion in 'General Bitcoin Gambling Discussion' started by Lance, Jul 30, 2018.

  1. Lance

    Lance Member

    as many of you might be aware, the australian government recently banned online poker and poker rooms like pokerstars, 888poker and partypoker are no longer available to real money poker players in australia. as a result, i've started getting my texas hold'em poker fix at nitrogen sports and seals with clubs. while both of these cryptocurrency only poker sites are pretty good for a casual games, i find the traffic is pretty low, particularly at the higher stakes tables.

    for this reason, i want to play poker at sites like betonline and bovada that have more traffic. my question is, if i only plan to use bitcoin for deposits and withdrawals, will sites like bovada, heritage and 5dimes still do know your customer (kyc) and anti-money laundering checks (aml)? if they don't then i'll probably give fake information when i sign-up?
  2. EthHead

    EthHead Member

    i would not recommend that you ever give a fake name/address to a gambling sites. they might not ask you for ID at the beginning but it could happen later, particularly if you have a big win. my advice is find a bookmaker that accepts aussies.
  3. Humble Servant

    Humble Servant Active Member Staff Member

    If you plan to just gamble until you've lost everything then it doesn't really matter what name you give them, but if you are expecting to win and maybe get a large payout someday then you should never give a false name or you will never get your winnings.
  4. 4TheWin

    4TheWin Member

    I'm pretty sure that Nitrogen Sports also ask for some KYC/AML documentation if you request a big enough withdrawal. I think they use a third party to process deposits/withdrawals so it's this company that makes the request on occasion.
  5. Humble Servant

    Humble Servant Active Member Staff Member

    Sportsbooks like CloudBet now also warn their users that they may be asked to do KYC when they make a withdrawal. This is a big deal at CloudBet because they no longer accept sports bettors from the United States and UK. If you are from either of these countries and you're using a VPN to access CloudBet, then when it comes time to make a withdrawal, your payout may be blocked because you broke the terms and conditions.
  6. Jake21

    Jake21 Member

    I'm hoping that a new breed to Lightning Network bookmakers will start to appear where KYC/AML is not required because you don't need to create an account. You simply pay for individual bets and withdraw immediately one the event is over.

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